Oct 1, 2012 5:30pm PDT
auto recall is in the works. honda announced plans to check more than 500,000 accords in the u.s. for a defective hose that can leak fluid and catch fire. the problem affects model years 2003 through 2007 of v-6 engine cars. the accord is the second best- selling car in the u.s., after the toyota camry. white house officials have acknowledged an attempt to hack the executive mansion's computer system. the associated press reported today the recent effort targeted an unclassified network, but the officials said the attack was spotted and stopped. there was no word on who was behind the attempt. a founder and leader of modern ecology, dr. barry commoner, died sunday. his work on radioactive fallout helped lead to the nuclear test ban treaty in 1963. he also was a prominent figure in the first "earth day" in 1970, and even ran for president in 1980. barry commoner was 95 years old. and "new york times" publisher arthur ochs sulzberger died saturday. he led the paper for 30 years, and in 1971 made the decision to publish the pentagon papers, a classified history of u.s. involvement
Oct 2, 2012 4:00am EDT
. toyota and honda should pace the field again with both expected to post double digit gains. >>> we'll take a break. still to come, kraft has launched its global foods business mondelez. we'll talk to an analyst who thinks mondelez is a better bet than kraft itself. it . >>> the rba has surprised by cutting its key interest rate by a quarter point to a three year low 3.25%. the move prompted by several factor, notable china's slowdown and the higher australian dollar. meanwhile the man who coined the term bric says china is starting to see a shift towards quality. jim o'neill told me earlier the move will have important implications for the balance of global economic power. >> we're in the early stages of china going to a quality as opposed to quantity and the winners and losers will be pretty different. australia will certainly not be as big a winner as it was and it could be a loser. p. >> jim says one of the economies that might benefit most from the new chinese economic model could be mexico. >> mexico is arguably one of the many big winners. they're deliberately raising wages.